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5 years ago
Euro falls to session low against dollar on weak German data
February 14, 2013 / 7:46 AM / 5 years ago

Euro falls to session low against dollar on weak German data

LONDON, Feb 14 (Reuters) - The euro fell to a session-low against the dollar on Thursday after data showed the German economy had contracted more-than-expected, leaving the euro zone on track for a deeper recession.

The single currency fell 0.5 percent to $1.3382, retreating even further from a 15-month high of $1.3711 hit at the start of February, after data showed that the euro zone's largest economy contracted 0.6 percent in the last quarter of 2012 due to weak exports.

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